360 Brenhaven RdLake PlacidFL33852
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Lake Placid at 360 Brenhaven Rd, Lake Placid, FL, 33852 priced at $279,900 converts $3,151/mo rent into $1,294/mo cash flow after a $1,370/mo obligation. Total monthly income equals $3,151/mo, and annual cash flow totals $15,522/yr on $92,787 invested. Return on cash invested prints 36.64% in year one, and rental yield reads 13.51% against a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation compiles into $77,331 by year five. Five-year ROI reaches 193.15% and total cumulative return in cash sums $179,221. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,151/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 2024
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33852, Lake Placid, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,836 (100%) |
| Owner Occupied HU | 8,147 (58.9%) |
| Renter Occupied HU | 1,867 (13.5%) |
| Vacant Housing Units | 3,822 (27.6%) |
| Median Home Value | $257,946 |
| Average Home Value | $293,604 |
Housing Distribution
Address Breakdown
Residential
12,137
Single Family
11,465
Multi-Family
672
Businesses
523
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Listed by: Regina Mooney • ROBERTS REAL ESTATE INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #OM681152
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511